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MITSUI CONSTRUCTION TO DISSOLVE U.S. UNIT, AID 3 GROUP FIRMS.
TOKYO, April 2 Asia Pulse - Mitsui Construction Co. (TSE:1821) announced Friday a plan to dissolve a U.S. subsidiary and assist three group companies.
The company will dissolve Mitsui Kensetsu Development Inc., a U.S. real estate subsidiary, by March 31 and sell its entire stake in Emerald Resort, which handles a resort business. It will also waive debts to three group firms, including Sanken Leasing Co.
Four of the five firms suffered excess liabilities. The company ...
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